194 articles
Unconfirmed geopolitical headlines like this often trigger a quick knee-jerk move, followed by a pullback if no confirmation follows, so early price action may overstate the real risk. Traders are…
Bank of America (BofA) expects gold below $4,000 over the next three months. The bank forecasts an average of $4,000 per ounce in the fourth quarter. Gold traded around $4,100…
The day’s moves show the risk premium is being driven more by threats to infrastructure and shipping than by actual supply losses. Gulf export volumes are recovering, yet prices rose…
Massive draw this week. Info via social media. twitter etc: Crude -11.1mn barrels, a huge draw Gasoline +1.1mn bbls Distillate -1.5mn bbls Cushing +1.8mn bbl Expectations I had seen centred…
Gold buyers had their shot. Monday’s rebound stalled ahead of the familiar swing level near $4,226.81, and today the price has moved back below both its 100-hour and 200-hour moving…
Gold prices slid to session lows on Wednesday as hotter-than-expected US inflation data strengthened concerns that interest rates could rise in December, putting bullion under pressure. Gold dropped below $4100…
Oil prices edged higher on Wednesday as the International Energy Agency (IEA) warned that diesel supply constraints could persist well into 2027, while escalating tensions between Saudi Arabia and Yemen's…
Oil prices remain supported by escalating tensions in the Middle East. The Houthis have intensified attacks against Saudi Arabia, including a reported strike on an administrative building at Saudi Aramco's…
Recent key news affecting oil prices today Crude markets remain anchored near multi-month highs as persistent geopolitical friction and logistics bottlenecks redefine energy risk premia. With Middle East shipping disruptions…
Gold got once again hit by another jump in oil prices, with WTI reaching a new weekly high yesterday. The Houthis are intensifying attacks on Saudi Arabia, leading to renewed…
Gold held near $4,165 an ounce on Wednesday as investors waited for US inflation data that could decide whether bullion finally breaks above $4,200 or resumes the correction that has…
Iran is escalating Hormuz ship attacks to keep oil prices high before the US midterms, two Iranian officials told Reuters. West Texas Intermediate (WTI) crude trades near $95. However, the…
Oil’s reaction to Trump’s repeated price forecasts has faded. The market’s own verdict shows in deferred contracts, where WTI and Brent strips for 2027 have recently set records, a sign…
Europe’s gas market is now tied directly to the same Gulf disruption that is driving crude, so escalation in the Middle East lifts both energy risk premia together. If Europe…
The freight argument points to Brent holding a firmer premium over long-haul grades, including WTI delivered into Europe, for as long as shipping stays expensive . Refiners in Northwest Europe…
The deferred curve is carrying the bigger signal. WTI for calendar 2027 hit a record for a 12th straight session, around $84, and Brent’s 2027 strip set records on Monday…
TL;DR: The U.S. Commodity Futures Trading Commission ( CFTC ) published an advance notice of proposed rulemaking in the Federal Register under docket RIN 3038-AF80 on October 13, 2026. The…
Crude oil futures settled at $94.14, up $0.40 or 0.43%, as elevated Middle East tensions kept supply risks in focus. Headlines centered on reports that Israeli Prime Minister Benjamin Netanyahu…
Mark Hackett, chief market strategist at Nationwide. Nationwide The commodities market is hot, with the Bloomberg Commodity Index up nearly 32% this year. Mark Hackett, chief market strategist for Nationwide,…
Paul Tudor Jones believes oil’s rally still has room to run, with unresolved tensions involving Iran keeping him positioned for further gains. Speaking to CNBC this morning , the legendary…
Copper price climbed toward $6.80 per pound on Tuesday, about 2% below its September record. Easing fears of another US rate hike and fresh mining disruptions in Chile are driving…
Crude oil futures have rebounded after trading lower earlier in the day, with buyers defending a key cluster of technical support. The low reached $91.70, just above the 38.2% retracement…
Yesterday, I did a post-on gold sellers on the back of news Kazakhstan was selling some of the reserves. I spoke cautiously in regard to the move given the semi-holiday…
Silver came under renewed selling pressure yesterday as oil prices climbed to fresh weekly highs. Meanwhile, the Middle East situation remains largely unchanged, with Houthi attacks on Saudi Arabia continuing…
